?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.

-

Beta

?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.

-

Sharpe

?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.

-

Volatility

?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.

-

Tracking error

?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.

-

Information ratio

?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.

-

R-Squared

?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.

-

Price movement

52 week high104.1

52 week low98.5

Current bid price-

Current offer price-

Current mid price99.9

Region

1

Money Market

71.94%

2

UK

24.2%

3

Japan

7.79%

4

Italy

7.08%

5

Netherlands

6.82%

6

Ireland

6.25%

7

Jersey

5.5%

8

Australia

4.64%

9

France

4.48%

Industry sector

1

BB

32.71%

2

Money Market

22.66%

3

B

20.09%

4

BBB

12.82%

5

AAA

4.77%

6

A

3.5%

7

AA

3.28%

8

CCC

0.18%

Asset type

1

Money Market

81.62%

2

UK Fixed Interest

29.3%

3

Japanese Fixed Interest

7.42%

4

Italian Fixed Interest

7.08%

5

Dutch Fixed Interest

6.82%

6

Irish Fixed Interest

6.25%

7

French Fixed Interest

4.48%

8

Australian Fixed Interest

4.21%

9

Spanish Fixed Interest

4.06%

Individual holdings

1

UNITED STATES OF AMER TREAS BILLS 0.125% BDS 15/07/26 USD100

4.78%

2

ROYAL BANK OF SCOTLAND GROUP PLC 3.625% SUB MTN 25/03/24 EUR100000 T2

3.22%

3

STANDARD CHARTERED BANK CALL FXD TO FX RTE SUB NTS 21/10/25 EUR

2.68%

4

BANKIA SA 4% MTN 22/05/24 EUR100000

2.61%

5

CASINO GUICHARD-PERRACHON 4.87% BDS 31/01/49 EUR100000

2.51%

6

PETROBRAS GLOBAL FINANCE BV 3.25% NTS 01/04/19 EUR1000

2.3%

7

BANK OF IRELAND(GOVERNOR & CO OF) 4.25% MTN 11/06/24 EUR100000

2.28%

8

DIAMOND 1 FIN/DIAMOND 2 8.35% BDS 15/07/46 USD1000 REG S

2.17%

9

ZINC CAPITAL SA 8.875% NTS 15/05/18 EUR1000 REG S

1.99%

Management

Fund manager group

Friends Life

Fund manager company

Friends Life

Fund type

Pension Fund

Fund objective

Nomura state that the objective of this fund is to provide a combination of income and growth through investing principally in debt securities with fixed or variable rates of income.

Benchmark

No Specified Index

Investment style

Strategic Investment

Investment method

Fixed Interest

Fund manager

Name

Since

Biography

Richard Hodges

30/01/2015

Richard joined Nomura Asset Management UK in November 2014 as Head of Unconstrained Fixed Income. He will shortly launch and manage the Nomura Global Dynamic Bond Fund, which aims to provide a total return, both capital and income by investing in the full global spectrum of fixed income instruments while maintaining dynamic risk management.

Compliance

No data available.

Domicile

No data available.

Fund for sale in

United Kingdom

FL Nomura Global Dynamic Bond Pn

Initial charge-

Annual charge-

Min single investment£0

Min regular saving£0

Available in ISANo

Ongoing charge (OCF)-

Total expense ratio (TER)-

Bid price-

Offer price-

Mid price99.9

CurrencyGBX

Price updated08/12/2016

TypeAccumulation

Institutional or retail classRetail

Domicile-

Citi codeN2KM

FL Nomura Global Dynamic Bond Pn Inet

Initial charge-

Annual charge0.99%

Min single investment£0

Min regular saving£0

Available in ISANo

Ongoing charge (OCF)-

Total expense ratio (TER)1.19%

Bid price-

Offer price-

Mid price99.74

CurrencyGBX

Price updated08/12/2016

TypeAccumulation

Institutional or retail classRetail

Domicile-

Citi codeN2KN

Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.

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